NOT LISTED FOR SALE

488 Gilbert Ave Menlo Park, CA 94025

The Willows Neighborhood

Estimated Value: $2,133,000 - $2,822,000

2 Beds
1.5 Baths
1,130 Sq Ft
$2,163/Sq Ft Est. Value

Last Sold November 29, 2018

Last sale price $1,948,000 $1,724 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $14,754/month

7 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • 2 Car Detached Garage
  • Laurel Elementary School Rated A
  • Balcony
  • Eat-In Kitchen

About This Home

As of November 2018

Charming and Cozy Hidden Gem Nestled in the Desirable Willows of Menlo Park. This Well Maintained Home Features a Spacious Eat-In Kitchen, Hardwood Floors, Some Newer Paint, Newer Stove, Fireplace Insert, Convenient Laundry Room, Low Maintenance Yards and Long Driveway with Oversized Two Car Garage. Roof is Approximately 6 Years Old. This Home Sits On a Large Lot that Allows for Many Possibilities. Walk to Schools, Parks, Tennis Courts, Restaurants and Shops. Ideal Location is Close to Downtown Palo Alto, Downtown Menlo Park, Stanford, Facebook, Tech Companies and Easy Access for Commutes from Silicon Valley to San Francisco.

Last Agent to Sell the Property

Theresa Loya

Coldwell Banker Realty License #01097020 Listed on: 11/07/2018

Coldwell Banker Realty

Last Buyer's Agent

Dominic Chen

Realty One Group Infinity License #01991132

Realty One Group Infinity

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 7,802 Sq Ft Lot
  • Back Yard Fenced
  • Grass Covered Lot
  • Zoning described as R10008

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,130 Sq Ft Home
  • 1 Fireplace
  • Crawl Space
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Wood Insert Heater
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 062-320-310

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

7,802 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1130
  • Year Built: 1959
  • Zoning Description: R10008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Insert
  • Dining Room: Eat in Kitchen
  • Kitchen: Dishwasher, Oven - Self Cleaning, Oven Range - Gas
  • Living Sq Ft: 1130
  • Laundry: Inside
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, BBQ Area, Fenced, Low Maintenance
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 658

Lot Info

  • Parcel Number: 062-320-310
  • Lot Acres: 0.1791
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7800.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Laurel Elementary
  • High School Text: Menlo-Atherton High
  • Middle School Text: Hillview Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2018
Closed on
Nov 21, 2018
Sold by
Colomberti Guillermo J and Colomberti Rosa
Bought by
Wang We Fen
Seller's Agent
Theresa Loya
Coldwell Banker Realty
Buyer's Agent
Dominic Chen
Realty One Group Infinity
List Price
$1,998,000
Sold Price
$1,948,000
Premium/Discount to List
-$50,000
-2.5%
Current Estimated Value
$2,444,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,080
Avg. Annual Appreciation
3.17%

Purchase Details

Closed on
Oct 9, 1997
Sold by
Colombetti Guillermo J and Colombetti Rosa
Bought by
Golombetti Guillermo J and Colombetti Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
7.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wang We Fen $1,948,000 Cornerstone Title Co
Golombetti Guillermo J -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Golombetti Guillermo J $192,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2018 11/29/18 Sold $1,948,000 -2.5% $1,724 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
11/07/2018 11/07/18 For Sale $1,998,000 -- $1,768 / Sq Ft
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $26,115 $2,173,027 $1,927,615 $245,412
2023 $26,115 $2,088,647 $1,852,764 $235,883
2022 $24,913 $2,047,694 $1,816,436 $231,258
2021 $24,352 $2,007,544 $1,780,820 $226,724
2020 $24,202 $1,986,960 $1,762,560 $224,400
2019 $23,865 $1,948,000 $1,728,000 $220,000
2018 $5,730 $317,372 $158,686 $158,686
2017 $5,592 $311,150 $155,575 $155,575
2016 $5,292 $305,050 $152,525 $152,525
2015 $5,186 $300,468 $150,234 $150,234
2014 $5,038 $294,584 $147,292 $147,292
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Theresa Loya

    Coldwell Banker Realty

    (408) 996-1100

    35 Total Sales

    Theresa Loya
    Section Image

  • D

    Buyer's Agent in 2018

    Dominic Chen

    Realty One Group Infinity

    Section Image
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Map

Source: MLSListings

MLS Number: ML81730499

MLSListings

APN: 062-320-310

California San Mateo County Menlo Park 94025 The Willows

488 Gilbert Ave, Menlo Park, CA

Not Listed for Sale

Detached

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